Geonomics, Energetics and the K-Paradox

8 Pages Posted: 15 Oct 2015

Date Written: October 13, 2015

Abstract

Geonomics is introduced as an economic tool to better understand the cyclical and dynamic motion (paradox) of progress and poverty, i.e. crises of the human social economy that seem to accompany techno-logical innovation like 'natural laws'. Some reform steps for future remedies are discussed in-depth, pointing to an efficient balance of monetary tools, energetic principles and eco-logical limits. Rent-seeking (and under-cover interest-seeking) is identified as the systemic root cause of dynamic efficiency loss.

Keywords: geonomics, monetary tools, energetics, dynamic efficiency, economic cycles

JEL Classification: B41

Suggested Citation

Ternyik, Stephen I., Geonomics, Energetics and the K-Paradox (October 13, 2015). Available at SSRN: https://ssrn.com/abstract=2673687 or http://dx.doi.org/10.2139/ssrn.2673687

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